Afghanistan to issue jail terms for large dollar transfers
Move to clamp down on illicit inflows comes as central bank struggles to prop up afghani
The office of the prime minister of Afghanistan today (January 30) announced punishments for large dollar transfers as the country’s central bank struggles to prop up the local currency.
Transfers of $100,000 will now be punishable by one month in prison. The jail term will rise by a month for each additional $100,000 that is transferred, up to a value of $1 million. Anyone found to have transferred more than $1 million will face a year’s imprisonment.
The statement said the public was also
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